Markets

Apr 18, 2011 at 14:34

The tragic comedy continues to disgust and delight, depending on your position and demeanor. Today S&P revised its long-term sovereign outlook for the U.S. to negative. Stocks didn't like this…

Apr 18, 2011 at 14:16

In the same vein as medieval physicians believed bloodletting would cure illness, modern snake-oil economists still perilously cling to their claim that rising wages and salaries are the cause of…

Apr 18, 2011 at 13:39

The federal deficit this year is a record $1.6 trillion -- a number that requires the government to borrow 43 cents out of every dollar it spends. The US government's…

Apr 18, 2011 at 13:00

A big question should be on the mind of investors. Is it 2008 all over again? Are we witnessing another commodity price bubble driven by speculation in paper commodities? With…

Apr 18, 2011 at 12:35

The only thing more ridiculous than S&P's too little too late semi-downgrade of U.S. sovereign debt was the market's severe reaction to the announcement. Has S&P really added anything to…

Apr 18, 2011 at 12:26

Gold looks fantastic. It is breaking away from a consolidation which could be called a running correction. Two weeks ago Gold broke to a new high. Last week Gold retested…

Apr 18, 2011 at 12:18

We're not there yet, but it's getting closer and closer. To what do we refer? Paying the tab for all the reckless spending by our governments and bureaucracies of course,…

Apr 18, 2011 at 11:59

As noted last week, silver was in a position to enter the exponential phase on the upside. It is now there. Both silver and the silver/gold ratio generated upside Exhaustion…

Apr 18, 2011 at 09:29

This test is critical for the stock market here. We moved into Sell Mode 6 days ago, looking for the markets to test the March lows and establish a 9…

Apr 18, 2011 at 08:36

Allow me to begin with a generalization. While overly specific predictions about the future are bound to be incorrect perhaps it is possible to make useful predictions about what is…